India’s quick-commerce company Blinkit reported a break-even in core earnings for the recent quarter, prompting a rise in its parent company Eternal Ltd‘s shares by up to 8% on January 22, 2026.

The company posted a 73% rise in third-quarter profit to 1.02 billion rupees (US$11.2 million).

Blinkit’s adjusted earnings were 40 million rupees (US$436,000), compared to a loss of 1.56 billion rupees (US$17 million) in the previous quarter.

Analysts from Jefferies and Emkay Global expressed confidence that Blinkit could sustain profitability despite rising competition in India’s quick delivery market.

🔗 Source: Reuters

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